Module: | Priority Sector, Consumer Protection & Digital Lending
Q97: Consider the following statements, regarding the role of the State Level Banker Committee (SLBC):
Assertion (A): The SLBC plays a proactive role in facilitating the identification of Unbanked Rural Centres (URCs) for banks.
Reason (R): The SLBC is required to compile, update, and display a list of all URCs in the State on its website.
Reason (R): The SLBC is required to compile, update, and display a list of all URCs in the State on its website.
✅ Correct Answer: A
The correct answer is A. Both the Assertion and the Reason are factually true, and the Reason provides the exact operational mechanism that explains the Assertion.
Under the branch authorisation framework, the State Level Banker Committee (SLBC) is mandated to play a proactive role in identifying Unbanked Rural Centres (URCs). It executes this mandate by compiling a comprehensive list of all URCs in the state, regularly updating it, and prominently displaying it on its official website.
This centralized list directly facilitates banks in planning and choosing valid URC locations to meet their 25% rural branch expansion target.
Therefore, Options B, C, and D are incorrect.
Under the branch authorisation framework, the State Level Banker Committee (SLBC) is mandated to play a proactive role in identifying Unbanked Rural Centres (URCs). It executes this mandate by compiling a comprehensive list of all URCs in the state, regularly updating it, and prominently displaying it on its official website.
This centralized list directly facilitates banks in planning and choosing valid URC locations to meet their 25% rural branch expansion target.
Therefore, Options B, C, and D are incorrect.